Thank you for Subscribing to Healthcare Business Review Weekly Brief
Medical tourism is the concept where people travel to another city or country to get medical treatment. The main reason behind this travelling is that either the treatment is not available in their place or that the treatments will cost them a lot so they find a cheaper place to give them the same facilities at lower rates.
The idea of medical tourism has been around since ancient Greece when Greek pilgrims from all over the Mediterranean travelled to the little region of Epiduoria on the Saronic Gulf. The first place individuals went for medical tourism was Eiduoria. Travelling outside of one's country of residence to receive medical care is known as medical tourism.
Medical tourism is generally understood to be the provision of private, cost-effective healthcare in conjunction with the travel and tourism sector to international patients in need of specialised care. The phrase originally refers to people from less developed nations travelling to developed countries in search of treatments not available in their native country.
Today, this travel is justified by either the lack of availability of the treatment locally or its high cost, so they seek out a cheaper location that can provide the same service. Most individuals from all over the world travel to the major medical facilities in industrialised nations to acquire high-quality medical care. Yet, there has been an increase in recent years in the number of citizens of rich nations going to developing nations for medical care. This is primarily a result of the extremely affordable therapies offered in these countries.
As a result of globalisation, more patients are travelling abroad to receive high-quality medical care at reasonable costs. Another crucial element of medical tourism is medical care, including surgical and non-surgical procedures. In wealthy nations, healthcare is very expensive, and patients frequently face lengthy wait times before receiving care or surgery. This has made people consider other sensible alternatives. Searching for therapy in other countries with excellent facilities at a very inexpensive cost is one of these choices. Policymakers, researchers, and the media are all paying attention to the rise in medical tourism. As individuals move from wealthier to less developed nations to get healthcare, patient mobility is changing both qualitatively and quantitatively. A nation's economic situation is a major factor in why clinics and hospitals in poorer countries might reduce their prices.
In medical institutions, experts use cutting-edge technology to support medical diagnoses and surgical procedures. All reputable hospitals have made significant investments in operational methods and auxiliary technology. High-end technology is necessary for difficult cardiac surgeries, cancer treatment and surgeries, and neuro and even general surgeries to consistently improve results, reduce problems, enable quicker recovery, and shorten hospital stays.
There are currently available enhanced neuro and spinal choices, robotic surgery, radiation surgery or radiotherapies with cyberknife stereotactic options, IMRT/IGRT, and transplant support systems.
Technical or mechanical quality and serviceable or functional quality are the two primary determinants of service quality in the healthcare industry. The patient's diagnostic algorithm is based on technical equipment, and the functioning quality is assessed by the services provided by healthcare facilities (such as the services of staff, nurses and, most importantly, the doctors towards the patient and their assistants). A key factor in attracting customers to the medical tourism sector is the level of service provided.
The types of various therapies and their accessibility also have a significant role in the decision to use medical tourism. Elective cosmetic surgery, dental work, organ transplants, cardiac surgery, and orthopaedic surgery are the most popular types of operations that patients travel for medical tourism. Yet, a wide range of services, including numerous necessary therapies as well as various forms of conventional and alternative treatments, can be acquired through medical tourism. Travelling abroad for surrogate pregnancies, in-vitro fertilisation, and other forms of assisted reproductive technology is known as reproductive tourism, sometimes known as reproductive outsourcing.
Access is a significant contributing factor in medical tourism growth in addition to the cost. Medical tourism may therefore result from the absence of it, whether because the technology is unavailable or because it is illegal at home. Cytoplasmic transfer and stem cell treatment are frequent illustrations.
Medical tourism indisputably combines travel with medical care. Patients who have major surgery can recuperate more rapidly in a better setting with a pleasant atmosphere. In addition to receiving medical care, medical tourists also travel abroad for treatment. As individuals move from wealthier to less developed nations to get healthcare, patient mobility is changing both qualitatively and quantitatively. This change is predominantly driven by the comparatively low cost of medical care in less developed countries, the availability of cheap flights, greater marketing, and internet consumer information.
Medical tourism, however, stands out as a sector that might considerably increase healthcare access, given that access to healthcare in patients' homes can be restricted for a variety of reasons, including cost, distance to the nearest health institution, and waiting times. Unmet care needs may worsen health for those who choose not to receive care and may heighten health disparities, particularly if such demands are disproportionately prevalent among the poor. Travelling for health is a viable solution to this problem.